Volume indicators are technical tools to evaluate a security’s bull and bear power. Most look specifically at buying vs. selling pressure to determine which side is in control of price action. Others ...
On Balance Volume (OBV) is a momentum indicator developed by Joe Granville in the 1960s. Since price typically follows volume, traders look for certain trends in the OBV indicator to be a predictive ...
However, a major volume indicator, used to confirm price trends, shows a contrasting signal. The indicator under consideration is the On-Balance Volume (OBV), described as the "grand daddy" of all ...